2821 29th N Ave Birmingham, AL 35207-4633
- Manufacturing properties
- 10,206 SF
- 2.80 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 2821 29th N Ave
- Year built
- 1964
- Lot size
- 2.80 lot acres
- Property size
- 10,206 SF
- Zone code
- M2
- Property type
- Manufacturing properties
- APN
- 22-00-13-3-005-001.000
- APU
- 2200133005001000
Description
This exceptional industrial property, located at 2821 29th Ave N in Birmingham, Alabama, offers a rare opportunity. The property comprises three single-story buildings totaling 23,520 square feet, with 13,000 square feet currently vacant. Situated on a generous 2.75-acre lot, the property boasts two drive-in doors for convenient access. The buildings underwent extensive renovations in 2022, including a new roof, siding, paint, upgraded electrical (600 Amp, 3-phase), and plumbing. New offices and restrooms were also constructed as part of the renovation. The property is zoned I-1 and features new fencing and gates around the perimeter, accessible from both 29th Ave N and 28th Ave N. Its strategic location offers easy access to Highway 31 and Interstate 65 via Finley Boulevard (only 1.3 miles away). While the owner is willing to consider separating the buildings, preference is given to a single tenant for the entire 2.75-acre site. This presents a unique opportunity for a business seeking ample space and convenient access to major transportation routes in Birmingham. The minimal office space allows for maximum warehouse utilization.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $95,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $80,000
- 6.5%
- $75,000
- 7%
- $75,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $75,000
- Geo Method
- $75,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $75,000
- Retail
- $80,000
- Mixed-Use
- $70,000
- Hospitality
- $75,000
- Educational
- $75,000
- Residential Income
- $85,000
- Energy
- $70,000
- Income-Based Land
- $85,000
- Food Service
- $80,000
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8135
- Latitude
- 33.5509
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA